| Product Code: ETC10214670 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India propeller shaft market import shipment demonstrated a positive growth trend with a CAGR of 4.9% from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024 by -16.5%, indicating a temporary slowdown in market expansion within that period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Propeller Shaft Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Propeller Shaft Market Revenues & Volume, 2021 & 2031F |
3.3 India Propeller Shaft Market - Industry Life Cycle |
3.4 India Propeller Shaft Market - Porter's Five Forces |
3.5 India Propeller Shaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Propeller Shaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 India Propeller Shaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 India Propeller Shaft Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Propeller Shaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for commercial vehicles in India |
4.2.2 Growth in the automotive industry, particularly in the production of passenger vehicles |
4.2.3 Expansion of the e-commerce sector leading to higher demand for logistics and transportation vehicles |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among propeller shaft manufacturers |
4.3.3 Technological advancements leading to the adoption of alternative propulsion systems in vehicles |
5 India Propeller Shaft Market Trends |
6 India Propeller Shaft Market, By Types |
6.1 India Propeller Shaft Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Propeller Shaft Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Propeller Shaft Market Revenues & Volume, By Single Piece, 2021 - 2031F |
6.1.4 India Propeller Shaft Market Revenues & Volume, By Multi-Piece, 2021 - 2031F |
6.1.5 India Propeller Shaft Market Revenues & Volume, By Slip-in-Tube, 2021 - 2031F |
6.1.6 India Propeller Shaft Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 India Propeller Shaft Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Propeller Shaft Market Revenues & Volume, By Steel, 2021 - 2031F |
6.2.3 India Propeller Shaft Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.4 India Propeller Shaft Market Revenues & Volume, By Carbon Fiber, 2021 - 2031F |
6.2.5 India Propeller Shaft Market Revenues & Volume, By Composite, 2021 - 2031F |
6.3 India Propeller Shaft Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Propeller Shaft Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.3.3 India Propeller Shaft Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 India Propeller Shaft Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.5 India Propeller Shaft Market Revenues & Volume, By Military Vehicles, 2021 - 2031F |
6.4 India Propeller Shaft Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Propeller Shaft Market Revenues & Volume, By Transmission, 2021 - 2031F |
6.4.3 India Propeller Shaft Market Revenues & Volume, By Off-Highway Vehicles, 2021 - 2031F |
6.4.4 India Propeller Shaft Market Revenues & Volume, By Marine, 2021 - 2031F |
6.4.5 India Propeller Shaft Market Revenues & Volume, By Aerospace, 2021 - 2031F |
7 India Propeller Shaft Market Import-Export Trade Statistics |
7.1 India Propeller Shaft Market Export to Major Countries |
7.2 India Propeller Shaft Market Imports from Major Countries |
8 India Propeller Shaft Market Key Performance Indicators |
8.1 Average age of vehicles in operation in India |
8.2 Number of new vehicle registrations in the commercial and passenger vehicle segments |
8.3 Investment in infrastructure development and transportation networks in India |
9 India Propeller Shaft Market - Opportunity Assessment |
9.1 India Propeller Shaft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Propeller Shaft Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 India Propeller Shaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 India Propeller Shaft Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Propeller Shaft Market - Competitive Landscape |
10.1 India Propeller Shaft Market Revenue Share, By Companies, 2024 |
10.2 India Propeller Shaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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